This marked the lowest level of FDI in over four years, or since the $314 million in April 2020 at the start of the COVID pandemic.
"The decline resulted from lower net inflows across all major FDI components," the central bank said.
BSP data showed the net investments in debt instruments fell by 30 percent to $213 million in June from $304 million in the same period last year as foreign companies settled more debt.
Investments in debt instruments consist mainly of intercompany borrowing between foreign direct investors and their subsidiaries in the Philippines. The rest are investments made by nonresident subsidiaries in their resident direct investors.
Diese Geschichte stammt aus der September 11, 2024-Ausgabe von The Philippine Star.
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Diese Geschichte stammt aus der September 11, 2024-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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TRAINS, BOATS, PLANES AND BUSES: THE LAKARAN LECTURE SERIES TOURS ITALY
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Welcome to Isla Pambata
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Dennis Trillo donates 50th MMFF Best Actor winnings to PDLs
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Cebu Pacific bringing in 7 jets this year
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BDO, Asia's Premier Banks Release New Report to Support Climate Transition
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SEC Issues Draft Rules on PHL Green Equity
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